Vehicle Miles Traveled tax proposed in House

| December 20, 2012

Rep. Earl Blumenauer (D-Ore.) proposed a bill into the House that would, if passed, implement a pilot program to test the feasibility of a tax on miles traveled as a supplemental source of revenue for the Highway Trust Fund.

Because vehicles have become more fuel efficient, fuel taxes aren’t bringing in as much revenue as they once did, and looming tightening of fuel standards for cars and trucks stands to hurt the HTF’s revenue stream even more — up to 21 percent by 2040.

To read more on this story, see Overdrive sister site CCJ‘s report.

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